INEA Inks ‘Blue Growth’ Grant Deals

first_imgThree projects under the H2020 priority Blue Growth: unlocking the potential of seas and oceans will receive nearly €14.5 million EU funding to develop tools for the exploration of the underwater world, as well as to advance the Blue Growth economy.BRIDGES, a four year-long project bringing together research partners from 9 countries, will improve the unique European underwater glider SeaExplorer to adapt it to more diverse operations deeper in water. The glider, a rocket-shaped vehicle, is navigating autonomously in the ocean to collect a variety of data and report back to the ground station. The project’s team will use nearly €8 million EU funding to increase the glider’s sensing capacity and pilot its use for environmental monitoring, in oil and gas industry, as well as the deep sea mining industry.DexROV will receive over €4.5 million EU funds to develop a robot for underwater operations in various industries, such as the oil extraction. The project’s multinational team from 6 countries will improve the currently available technologies to allow manning the robot from onshore location at a large distance. During the project the robot will be tested in real-time simulation environment and then tried out in real life conditions.MARIBE, a nearly €2 million worth project, will be devoted to identifying the most promising business models in the Blue Growth economy (offshore wind, deep sea mining, aquaculture, offshore logistics etc.), and there possible combinations. The project’s team will also come up with toolkits and guidelines for stakeholders and investment community.The projects were selected in the calls for project proposals. INEA will monitor their implementation throughout the whole project life-cycle. These calls support the European long term strategy for sustainable growth in the marine and maritime sectors.last_img read more

Senators heap criticism on Wells Fargo CEO, who apologizes

first_imgSenators heap criticism on Wells Fargo CEO, who apologizes Published: September 20, 2016 7:56 PM EDT Do you see a typo or an error? Let us know. WASHINGTON (AP) – The CEO of Wells Fargo faced calls for his resignation Tuesday from harshly critical senators over allegations that bank employees opened millions of unauthorized accounts to meet sales quotas.Members of the Senate Banking Committee showed bipartisan outrage over the long-running conduct, unsatisfied by Chief Executive John Stumpf’s show of contrition.Stumpf said he was “deeply sorry” that the bank failed to meet its responsibility to customers and didn’t act sooner to stem “this unacceptable activity.” He promised to assist affected customers.Sen. Elizabeth Warren flatly told Stumpf he should step down. “You squeezed your employees to the breaking point so they would cheat customers,” she said. “You should resign. You should give back the money you took while the scam was going on.”The Massachusetts Democrat, one of the fiercest critics of Wall Street, also advocated for a criminal investigation by the Justice Department and a civil probe by securities regulators.Stumpf, a 34-year veteran of Wells Fargo and CEO since 2007, earned $19.3 million last year. The bank does have in place provisions its board could implement to claim back executive compensation.Wells Fargo sales employees, trying to meet targets that called for every customer have eight products with the bank, opened more than 2 million bank and credit card accounts, regulators said last week in levying a $185 million fine.Money in customers’ accounts was said to have been moved to these new accounts without their permission. Debit cards were issued and activated, as well as PINs created, without telling customers. In some cases, bank employees even created fake email addresses to sign up customers for online banking services, the regulators said.Wells Fargo has long been known in the banking industry for its aggressive sales goals. Stumpf bristled at Warren’s suggestion that the sales practices were a “scam.”He defended the cross-selling of products – trying to draw customers into taking on more – as “deepening relationships.”The senators also challenged assertions that Stumpf and other Wells Fargo senior executives didn’t become aware of the problems until 2013 – when the sales misconduct was reported by The Los Angeles Times. The practices apparently began at least in 2009.Carrie Tolstedt, the former head of the retail banking business, announced in July that she would retire from the bank this year. She is expected to leave with as much as $125 million in salary, stock options and other compensation.Sen. Bob Corker of Tennessee said it would be “malpractice” if the bank doesn’t institute the compensation clawbacks, and Stumpf said the board “has the tools to hold senior leadership accountable,” including himself and Tolstedt.Questioned again by Warren, Stumpf said the bank had not considered firing her.Peppered with criticism for nearly three hours, Stumpf appeared taken aback by the intensity of the verbal lashing. At one point he stumbled a bit over his words.“It struck me that he was berated in a way that shook him a bit,” said Chris Kotowski, an analyst at Oppenheimer & Co. That contrasted with Stumpf’s usual “poised, deliberate” manner when speaking in other venues, he noted.Under the settlement with regulators, it neither admitted nor denied the allegations. It later said it plans to eliminate the sales targets by Jan. 1. Some 5,300 Wells Fargo employees have been fired.Stumpf offered some detail at the hearing about who was fired, saying “bankers, bank managers, managers of managers, and even an area president.” They ranged in pay from about $35,000 to $65,000. SHARElast_img read more

Nairobi commuter upgrade plan

first_imgKENYA: Kenya Railways signed a joint venture agreement with InfraCo on April 15 commissioning a two-year study into a major upgrading of commuter rail services in Nairobi. Implementation of the recommendations would take a further 18 months, for completion in 2012 when national rail concessionaire Rift Valley Railways loses the exclusive right to operate passenger services around the capital. Estimated to cost KSh8bn to KSh12bn, the upgrade would see the metre gauge commuter network expanded from 61 km to 170 km. Additional services would be provided on the lines to Thika, Nakuru and Athi River, and a new link would be built from the city centre to Jomo Kenyatta International Airport. Trains to the airport would run every half hour with the 17 min journey time being faster and more predictable than using the congested roads. Locomotive hauled trains would be replaced by a fleet of around 196 DMU cars, increasing capacity from 19 000 to 100 000 passengers a day, and bringing a fall in the current rates of occupancy in – and outside – the 41 carriages currently in use. InfraCo is an international infrastructure development trust owned by the World Bank and six European donor agencies. InfraCo will fund the US$5m study, then sell its stake in the joint venture to the private sector if the project is successful. If the project does not go ahead, the money will be treated as grant. ‘InfraCo’s willingness to take such a huge risk should tell you that the project is highly viable’, said Kenya Railways Managing Director Nduva Muli.last_img read more

Transitio orders double-deck EMUs

first_imgSWEDEN: Local authority owned rolling stock procurement body AB Transitio has signed a firm order for eight Stadler double-deck electric multiple-units for use on Upptåget services from the end of 2019. The firm order announced by Stadler on February 14 has been placed as an option on a 2016 contract which covered an initial 33 EMUs worth SKr3·5bn for Mälardalen regional services with options for up to 110 more.The aluminium bodied EMUs from Stadler’s Kiss family of double-deck EMUs will exploit the larger loading gauge available in Sweden. They will also have dry transformers that do not require oil coolant. Other localised features will include ‘excellent’ resistance to severe winter weather, based on Stadler’s experience supplying rolling stock to Norway, Finland, Estonia, Russia and Belarus. This will include enclosed equipment rooms, double-wall inter-car gangways, snow scrapers between the bogies and bodies, a heat recovery system, floor heating and high-quality insulation. Swedish suppliers involved in the project include Icomera, Kockum Sonics, ÅF-Infrastructure and Hök Instrument.last_img read more

‘Supernova’: watch the trailer for Colin Firth and Stanley Tucci’s touching drama

first_img‘Supernova’ opens in UK cinemas on 27th November 2020. ‘Supernova’ is written and directed by Harry Macqueen (‘Hinterland’), and is from the award-winning producers of ’45 Years’ and ‘I Am Not A Witch’. ‘Supernova’ will celebrate its World Premiere at San Sebastián International Film Festival on 24th September. The synopsis for the film is: It is deep Autumn and Sam and Tusker, partners of twenty years, are on holiday. They are travelling across England in their old campervan visiting friends, family and places from their past. Since Tusker was diagnosed with young-onset dementia two years ago their lives have had to change. Jobs have been given up and plans put on hold. Their time together is now the most important thing they have. Credit: Studiocanalcenter_img Take a look at the poster for ‘Supernova’ below: A modern love story starring Stanley Tucci and Colin Firth, the film opens in UK cinemas on 27th November. It will premiere at The BFI London Film Festival on Sunday 11th October. As the trip progresses however, their individual ideas for their future begin to collide. Secrets are uncovered, private plans unravel and their love for each other is tested like never before. Ultimately, they must confront the question of what it means to love one another in the face of Tusker’s irreparable illness. The UK trailer and poster for Harry Macqueen’s ‘Supernova’ have been released by STUDIOCANAL.last_img read more

Ramdin, Pilepic pull Generika to Superliga victory

first_img[av_textblock size=’18’ font_color=” color=”]MANILA – Generika Ayala Life Savers recovered from a set down to defeat Cocolife Asset Managers 25-11, 23-25, 16-25, 25-13, 15-9 in the Philippine Superliga Grand Prix at the San Juan Arena.Darlene Ramdin, import from Trinidad and Tobago, came through with clutch points to lead Life Savers to its first victory on Tuesday night after opening the conference with a loss to Petron Blaze Spikers.Ramdin finished with 25 points, on 23 attacks and two blocks, while fellow reinforcement Katarina Pilepic of Croatia also contributed 25 markers for the Francis Vicente-mentored squad.After splitting the first four sets, Life Savers and Asset Managers got into a tight exchange early in the fifth frame, with scores in a deadlock at 8-all following conversions from Pilepic and Ramdin.Pilepic then unloaded 3 straight points for Life Savers to surge 12-8. After a conversion from Asset Managers, Ramdin came up with back-to-back points to complete the come-from-behind win.“Everybody is enjoying the game, having fun. Gumaganda ang movement ng team,” said Vicente. “I just told the setter to give it to Darlene and Pilepic. Good thing she delivered.”Taylor Milton finished with 18 points while Tai Manu-Olevao contributed 15 markers for Asset Managers, which welcomed the un-retirement of veteran setter Tina Salak on a sour note.Meanwhile, newcomer Iriga City Lady Oragons passed its first major test with flying colors as it survived a gritty Sta. Lucia Realty Lady Realtors 15-25, 25-20, 22-25, 25-16, 15-13.Serbian Tamara Kmezic led the way with 28 points, including 26 kills, while Grethcel Soltones and Japanese Saama Miyagawa chipped in 15 and 10 markers, respectively, for Lady Oragons./PN[/av_textblock][/av_one_full] Generika Ayala Life Savers import Darlene Ramdin (rightmost) executes a kill against Cocolife Asset Managers. JEROME ASCANO FOR SPIN.PH [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”][av_heading heading=’ Ramdin, Pilepic pull Generika to Superliga victory ‘ tag=’h3′ style=’blockquote modern-quote’ size=’30’ subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=”]BY ADRIAN STEWART CO[/av_heading][av_textblock size=” font_color=” color=”]Thursday, October 26, 2017[/av_textblock][av_image src=’http://www.panaynews.net/wp-content/uploads/2017/10/sports-generika-psl.jpg’ attachment=’121796′ attachment_size=’full’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ animation=’no-animation’][/av_image]last_img read more

Belgira claims Asian mountain-biking gold

first_imgBelgira defeated eight other Malaysian rivals to top the last leg of the Women Elite Downhill, clocking 1 minute and 39.64 seconds.But this feat was good for only a second-place overall finish in the category as Belgira lagged behind veteran Malaysian rider Nia Vanessa Suhanna.“It is such a big honor to represent the Philippines,” Belgira said in a statement. “This is my first UCI (Union Cycliste Internationale) race outside of the country and one of my biggest achievements so far.”Meanwhile, national team head coach Frederick Farr completed the Philippines’ sweep of all Downhill events after ruling the Men Masters against 12 other riders from four nations.In other results, Edmhel John Flores settled for a silver medal in the Men Cross Country Olympic. Teammates Cesar Lapaza placed fifth and Niño Surban, a returning veteran rider, seventh.The Philippines ended its campaign in the two-day bikefest with four gold, two silver and one bronze medals as its cyclists’ world rankings are expected to improve after the Union Cycliste Internationale-sanctioned event./PN[/av_textblock][/av_one_full] [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”][av_heading heading=’Belgira claims Asian mountain-biking gold ‘ tag=’h3′ style=’blockquote modern-quote’ size=’30’ subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]BY ADRIAN STEWART CO[/av_heading][av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]Thursday, November 9, 2017[/av_textblock][av_textblock size=’19’ font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]MANILA – Following the footsteps of Ariana Dormitorio of Iloilo, Lea Denise Belgira of Guimaras also finished the Asian Mountain Bike Series with a gold medal in the fourth and final leg in Malaysia.last_img read more

Watch Cavs Fans Serenade Steph Curry Off The Court After Ejection in Game 6

first_imgWarriors guard Steph Curry had a rough night in Cleveland for Game 6 on Thursday night.He fouled out with 4:22 to play in the fourth quarter and was ejected for throwing his mouth piece into the crowd.The mouth piece hit a fan, but Curry apologized to him afterwards.Here’s how Cavs fans serenaded the unanimous MVP as he exited the floor.Cavs Fans Sing Na Na Na Na Na Na Hey Hey Hey Goodbye to Curry pic.twitter.com/W2sa2lA6en— NEO Sports Insiders (@NEOSportsInside) June 17, 2016 Matt Medley is co-editor at NEO Sports Insiders, covers the Cleveland Cavaliers, Cleveland Indians and high school sports in Northeast Ohio.Follow @MedleyHoops on Twitter for live updates from games. Matt Medleycenter_img Related TopicsSteph Currylast_img read more

GAME NOTES: Argos head to GSC Softball Tournament

first_img PENSACOLA, Fla. – The University of West Florida softball team will start post-season play this week after earning the fourth seed in the Bojangles Famous Chicken N’ Biscuits 2014 Gulf South Conference Softball Tournament. The Argonauts will play the fifth seed Delta State University on Thursday, May 1 at 11 a.m. CT.The tournament is hosted at Heritage Park in Cullman, Ala. for the first time with tickets available for purchase at Heritage Park. Ticket prices are $8 for an adult daily pass and $5 for a student daily pass (7 years-college with proper ID). Fans not able to attend the tournament in person will be able to follow with live video, live stats and a live blog on the tournament website at www.GSCSports.org.The UWF softball team finished the regular season at 27-21 (16-13 GSC) while the DSU Lady Statesmen were 24-26 (13-16) during the regular season. The Argos ended the regular season with a series against Delta State where they were only able to take one game from the Lady Statesmen.Live CoverageLive Video & StatsLive Audio Game NotesGSC Softball TournamentAll-GSC University of West Florida softball senior, Caroline Kaston (Navarre, Fla.), has been named to the 2014 All-GSC softball first team for her accomplishments during the regular season. Kaston is the lone member from the UWF softball team to earn All-GSC honors and the first student-athlete to be named to the first team since 2011.The Navarre, Fla. native lead the Argos in batting average (.353), hits (60), and stolen bases (31) during the season and finished ranked 23rd in the nation in stolen bases/game (0.65). This marks the first time in the seniors career she has been named to the All-GSC list and her second post-season award after being named to the 2013 GSC All-Tournament team.Alabama-Huntsville led the GSC with eight players awarded All-GSC honors while Delta State and North Alabama followed with each have five players selected. Valdosta State’s Courtney Albritton made history after being one of two players in the GSC to be named the GSC Player of the Year for three consecutive seasons. North Alabama’s Hillary Carpenter earned Pitcher of the Year and UAH’s Tyler Harrison was named the Freshman of the Year while Les Stuedeman of UAH was also named the Coach of the Year.Regional RankingsThe University of West Florida softball team dropped one spot to No. 8 in the latest NCAA Softball Poll released earlier today. The Argonauts are 19-16 record against regional opponents and fall behind Nova Southeastern who have a 22-18 record against opponents in the region.Eight teams from the south region earn a spot into the NCAA Tournament with three teams earning automatic bids for winning the Gulf South Conference, Sunshine State Conference, and the Southern Intercollegiate Athletic Conference.Alabama-Huntsville tops the list with a 35-7 record against opponents in the region, followed by Tampa at 21-5 and Valdosta State at 33-11. North Alabama (29-12), Rollins (31-11),  and Palm Beach Atlantic (22-12) round out the remaining teams in the top eight.#ARGOS#Print Friendly Version GAME NOTES: Argos head to GSC Softball Tournament Sharecenter_img Argos prepare to face DSU in first round of GSC Tournament (Photo by Emmele Photography) last_img read more

Duyn and Torre earn AVCA All-South Region honors

first_imgAVCA Division II Regional Awards LEXINGTON, Ky. – The University of West Florida volleyball team had two student-athletes earn 2015 American Volleyball Coaches Association Division II All-South Region First Team honors, it was announced Wednesday. UWF senior outside hitter Autumn Duyn (Venice, Fla./Venice HS) earned her third AVCA All-Region honor while junior middle blocker Kathryn Torre (Highland, Ill./State College of Florida) earned her first all-region award.Duyn posted impressive numbers during her senior campaign, leading the Argonauts in kills (333) and kills per set (3.06). The senior ranks fifth in the Gulf South Conference in kills per set and earned her fourth All-GSC First Team selection in 2015. The Venice, Florida native ranks second on the team in digs (365) and digs per set (3.35) and tallied 55 blocks on the year. Duyn became the only player in UWF volleyball program history to rank in the top two in career digs (1,510) and career kills (1,357) this season.Torre had a breakout year in her first season for the Argonauts in 2015. The junior currently leads the GSC in blocks (117) and blocks per set (1.05) leading to All-GSC Second Team honors this season. Torre ranks fourth in the conference in hitting percentage (.331) and has 246 kills on the year.The mission of the AVCA is to advance the sport of volleyball with AVCA coaches at the epicenter of leadership, advocacy and professional development. With a membership of over 6,400 and counting, the AVCA provides a professional network for those individuals and companies dedicated to enhancing and promoting the sport. Members include collegiate, high school, club, youth and Olympic coaches, as well as volleyball club directors. The AVCA provides education to volleyball coaches, recognition of elite players and coaches, promotion of volleyball competitions throughout the world, and networking opportunities for volleyball products and services providers.The No. 24-ranked University of West Florida volleyball team will next travel to West Palm Beach, Florida, this week to compete in the 2015 NCAA DII South Regional hosted by Palm Beach Atlantic. The No. 5 seed West Florida (28-6, 19-1 GSC) will be making its 10th straight NCAA DII postseason appearance in 2015 and will face the No. 4 seed Saint Leo (20-10, 10-6 SSC) in the quarterfinals of the NCAA DII South Regional Quarterfinals on Thursday, December 3 at 5 p.m. ET. #ARGOS# Print Friendly Versionlast_img read more